Zalando Records Strong Growth in Q1, Affirms 2025 Forecast

Zalando SE reported accelerated growth and enhanced profitability in Q1. Gross merchandise volume rose 6.5% to 3.5 billion euros, while revenue increased by 7.9% to 2.4 billion euros. Adjusted EBIT reached 46.7 million euros, signaling a margin increase to 1.9%.

The Business-to-Consumer sector saw growth driven by a record 52.4 million active customers and successful end-of-season sales. Additionally, the Business-to-Business revenue grew by 11.6% due to robust performance from ZEOS fulfilment.

Zalando affirmed its full-year forecast for 2025 amid volatile economic conditions. It predicts GMV and revenue growth of 4% to 9%, with adjusted EBIT projected between 530 million and 590 million euros. The company continues to expand its loyalty programs and foster digital engagement.